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. one issue we need to face it is resource costs and energy prices, but that is not being driven by global use of the moment. it is being driven by other factors. i am not optimistic about the long-term potential growth. but is there a trade-off between what we should do to protect our elderly population and to provide adequate medical care to the whole population, and what we should do to protect our infrastructure and address energy and climate issues? no. we are underperforming on both fronts. >> it is not a budget trade- offs. as long as we think revenues can only be this high, there is a trade-off among those priorities. we have to accept having higher revenues to pay for the things we want. the softens that trade-off. impediments are not a drain on real resources. -- entitlements are not a drain on resources. they are a transfer. when we are at full capacity, we have a trade-off. the issue is, we think taxes should only be here. that was probably too low leading up to now. it is certainly too low going forward. >> your point about capital versus operating expenses -- i was
revolution has reenergize north american energy markets and is fundamentally reshaping energy policy. if you think about drones and the war on terror and what technology has allowed, a footprints' the -- a footprint that is more effective in getting bad guys without much involvement on the ground, is the changing technological environment working to overturn established power orders or to reinforce the established power orders? david. >> as you say, this is an ebb and flow and always has been, just as the american stance of when we want to intervene and when we want to pull back has gone in a cycle. the technological flow has gone in a much faster cycle. in the past 10 years, i think it has reinforced american power. if you look at what president bush was doing in his second term and what president obama has doubled down on and triple down on in his first term, what you see is an exploitation of these technologies to try to replace traditional, on the ground kinds of wars of attrition that we have traditionally been in. drones are a great example, as you mentioned. there were 48 or 49 drawn
technological revolution has reenergize the american north american energy market and is fundamentally reshaping global politics short -- toward the traditional powers in the west rather than away from them, you think about drones, the war on terror, technology has allowed a lead foot print that is far more effective in many respects, at least at the specific task of getting bad guys without much direct involvement on the ground than anybody would ever have imagined a few years ago. it's a changing technological environment working to overturn established powered orders or to reinforce establish power orders. >> that is open to all of you. >> as you say, this is an ebb and flow and always has been, just as the american sense of one we want to intervene and when we want to pull back. whether you believe it is a 70 year cycle or in a year cycle or whatever, the technological flow goes in a much faster cycle. so in the past ten years, for sure, i think it has reinforced american power because, as you look at what president bush was doing in his second term, what president obama has doubled down on
knowledge, and expertise in energy. in energy we have created 1 billion pounds for capture in storage, one of the key technologies of the future. we created the world's first green investment bank. we're pioneering a new incentive for heat systems in people's homes, and we are putting in place a robust financial framework to incentivize renewable electricity. as a result, more than 12 billion pounds has been committed to into renewable projects in the u.k. and the past 18 months alone with the potential to support around 20,000 new jobs. we've also created new incentives to squeeze more oil and gas out of the north sea, including from the marginal fields. when we see opportunity, we must go for it. look at the way we of got behind tech city right here in london. two years ago there were around 200 digital companies. today there are 1200. with major tech companies like amazon and facebook setting up developer centers, this is now becoming the fastest-growing technology cluster anywhere in the world. we will be publishing new strategies for aerospace and ameritech, alongside it clear, offsho
, afghanistan/pakistan and u.s. energy policy as the six top issues. so starting with that, looking at it strategically, do you feel that those are the core issues before president obama and this administration and our country going into 2013? um, if not, what would you change, what would you add? >> i -- when i was informed by lori murray about the outcome of the process by which the world affairs councils went through and came up with those six issues, i thought you had it exactly right. i think those are the big issues, and congratulations to you. i think you have them just right. i think there is an overarching issue on top of all of them that in some sense effects and enables all of them x that is if you look at at the national security challenges and the foreign policy challenges we face, i say that the number one challenge is getting our fiscal house in order. getting a handle on the debt, getting a handle on the deficit which are critical in order to get the economy growing again and people back to work. and i think that is the over -- it's certainly the number one domestic
atomic energy agency. cnn's senior international correspondent matthew chance has more. >> wolf, it's another highly critical report of iran's nuclear program from the u.n.'s nuclear watchdog. it's filled of course with stuff about how iran continues to fail to cooperate with u.n. inspectors and refuses to answer questions about the alleged military dimensions of its nuclear activities. iran of course says its nuclear program is for purely peaceful purposes. but of most concern say western diplomats is the fact that iran has stepped up its capacity to enrich uranium adding more sen ri fujs to its highly secured underground bunker at a place built into a mountain to defend it against potential air strikes. the report says iran has effectively doubled its enrichment capacity there theoretically making it able to have material for a bomb much more quickly than it could do previously. to report, not exactly a game changer perhaps. but still a very worrying document for those countries who like the united states iran's nuclear program very suspiciously indeed. wolf. >> matthew, thank you
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kind words about me. taxes is growing by leaps and bounds. this is made our country much more energy independent and has brought the price of natural gas down. i hope we can agree we don't want to reverse that and continue to go forward with these wonderful changes that have taken place in energy. we have a chance to see a renaissance in manufacturing. a lot of these jobs going overseas may come home. i have been asked and i would make three quick points. i think this election was about a lot of things. i think it is more complicated than that. i would start with the candidates. mitt romney is a good man. he wasn't as natural a communicator as the president . he had a habit of saying things that didn't help him. the president is a natural and gifted communicator. the democrats had a much better get out the vote operation. republicans need to focus on that. democrats were better in the swing states in getting at the base. the third thing is the following. 55% of moderates voted for barack obama for president. why did the republicans lose the moderates? the farther right positions gove
Search Results 0 to 10 of about 11 (some duplicates have been removed)